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Tinubu in New Year Broadcast, Insists Policies in Best Interest of Nigerians (Full Text)
President Bola Tinubu has told Nigerians that despite the hardship presently being experienced, his policies are in the best interest of the country.
The President made the remarks during his New Year address on Monday.
Read below the full details of Tinubu’s speech:
Dear Compatriots,
It gives me immense joy to welcome each and every one of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for his grace and benevolence to our country and our lives in the year 2023 that has just gone by.
Though the past year was a very challenging one, it was eventful in so many ways. For our country, it was a transition year that saw a peaceful, orderly and successful transfer of power from one administration to another, marking yet another remarkable step in our 24 years of unbroken democracy.
It was a year, you the gracious people of this blessed nation, entrusted your faith in me with a clear mandate to make our country better, to revamp our economy, restore security within our borders, revitalise our floundering industrial sector, boost agricultural production, increase national productivity and set our country on an irreversible path towards national greatness that we and future generations will forever be proud of.
The task of building a better nation and making sure we have a Nigeria society that cares for all her citizens is the reason I ran to become your President. It was the core of my Renewed Hope campaign message on the basis of which you voted me as President.
Everything I have done in office, every decision I have taken and every trip I have undertaken outside the shores of our land, since I assumed office on 29 May 2023, have been done in the best interest of our country.
Over the past seven months of our administration, I have taken some difficult and yet necessary decisions to save our country from fiscal catastrophe. One of those decisions was the removal of fuel subsidy which had become an unsustainable financial burden on our country for more than four decades. Another was the removal of the chokehold of few people on our foreign exchange system that benefited only the rich and the most powerful among us. Without doubt, these two decisions brought some discomfort to individuals, families and businesses.
I am well aware that for some time now the conversations and debates have centred on the rising cost of living, high inflation which is now above 28% and the unacceptable high under-employment rate.
From the boardrooms at Broad Street in Lagos to the main-streets of Kano and Nembe Creeks in Bayelsa, I hear the groans of Nigerians who work hard every day to provide for themselves and their families.
I am not oblivious to the expressed and sometimes unexpressed frustrations of my fellow citizens. I know for a fact that some of our compatriots are even asking if this is how our administration wants to renew their hope.
Dear Compatriots, take this from me: the time may be rough and tough, however, our spirit must remain unbowed because tough times never last. We are made for this period, never to flinch, never to falter. The socio-economic challenges of today should energize and rekindle our love and faith in the promise of Nigeria. Our current circumstances should make us resolve to work better for the good of our beloved nation. Our situation should make us resolve that this new year 2024, each and everyone of us will commit to be better citizens.
Silently, we have worked to free captives from abductors. While we can’t beat our chest yet that we had solved all the security problems, we are working hard to ensure that we all have peace of mind in our homes, places of work and on the roads.
Having laid the groundwork of our economic recovery plans within the last seven months of 2023, we are now poised to accelerate the pace of our service delivery across sectors.
Just this past December during COP28 in Dubai, the German Chancellor, Olaf Scholz, and I agreed and committed to a new deal to speed up the delivery of the Siemens Energy power project that will ultimately deliver reliable supply of electricity to our homes and businesses under the Presidential Power Initiative which began in 2018.
Other power installation projects to strengthen the reliability of our transmission lines and optimise the integrity of our National grid are ongoing across the country.
My administration recognises that no meaningful economic transformation can happen without steady electricity supply. In 2024, we are moving a step further in our quest to restart local refining of petroleum products with Port Harcourt Refinery, and the Dangote Refinery which shall fully come on stream.
To ensure constant food supply, security and affordability, we will step up our plan to cultivate 500,000 hectares of farmlands across the country to grow maize, rice, wheat, millet and other staple crops. We launched the dry season farming with 120,000 hectares of land in Jigawa State last November under our National Wheat Development Programme.
In this new year, we will race against time to ensure all the fiscal and tax policies reforms we need to put in place are codified and simplified to ensure the business environment does not destroy value. On every foreign trip I have embarked on, my message to investors and other business people has been the same. Nigeria is ready and open for business.
I will fight every obstacle that impedes business competitiveness in Nigeria and I will not hesitate to remove any clog hindering our path to making Nigeria a destination of choice for local and foreign investments.
In my 2024 Budget presentation to the National Assembly, I listed my administration’s 8 priority areas to include national defence and internal security, job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction and social security. Because we take our development agenda very seriously, our 2024 budget reflects the premium we placed on achieving our governance objectives.
We will work diligently to make sure every Nigerian feels the impact of their government. The economic aspirations and the material well-being of the poor, the most vulnerable and the working people shall not be neglected. It is in this spirit that we are going to implement a new national living wage for our industrious workers this new year. It is not only good economics to do this, it is also a morally and politically correct thing to do.
I took an oath to serve this country and give my best at all times. Like I said in the past, no excuse for poor performance from any of my appointees will be good enough.
It is the reason I put in place a Policy Coordination, Evaluation, Monitoring and Delivery Unit in the Presidency to make sure that governance output improves the living condition of our people.
We have set the parameters for evaluation. Within the first quarter of this new year, Ministers and Heads of Agencies with a future in this administration that I lead will continue to show themselves.
Fellow Nigerians, my major ambition in government as a Senator in the aborted Third Republic, as Governor of Lagos State for eight years and now as the President of this blessed country is to build a fair and equitable society and close the widening inequality. While I believe the rich should enjoy their legitimately-earned wealth, our minimum bargain must be that, any Nigerian that works hard and diligent enough will have a chance to get ahead in life. I must add that because God didn’t create us with equal talents and strengths, I can not guarantee that we will have equal outcomes when we work hard. But my government, in this new year 2024 and beyond, will work to give every Nigerian equal opportunity to strive and to thrive.
For the new year to yield all its good benefits to us as individuals and collectively as a people we must be prepared to play our part. The job of building a prosperous nation is not the job of the President, Governors, Ministers, Lawmakers and government officials alone. Our destinies are connected as members of this household of Nigeria. Our language, creed, ethnicity and religious beliefs even when they are not same should never make us work at cross purposes.
In this new year, let us resolve that as joint-heirs to the Nigerian Commonwealth, we will work for the peace, progress and stability of our country. I extend this call to my political opponents in the last election. Election is over. It’s time for all of us to work together for the sake of our country.
We must let the light each of us carries – men and women, young and old – shine bright and brighter to illuminate our path to a glorious dawn.
I wish all of us a happy and prosperous year 2024.
May God continue to bless the Federal Republic of Nigeria.
Bola Ahmed Tinubu, GCFR
1 January 2024
The Nigeria Democratic Congress (NDC) has offered its presidential ticket to Peter Obi and Rabiu Kwankwaso ahead of the 2027 elections, signaling intensifying efforts to forge a united opposition as key political deadlines approach.
In a post on X on Sunday, the party indicated a two-week window for both politicians, currently linked to the African Democratic Congress (ADC), to defect and secure its platform’s presidential ticket.
“All we need right now. Just all we need. Two weeks to deadline,” the NDC said, accompanying the message with an image of Obi and Kwankwaso and the caption: “Nigeria will be OK.”
The development comes amid renewed calls for opposition consolidation ahead of the next general elections. Supporters of both men recently launched the “OK Movement”, aimed at mobilising support for a possible joint ticket.
Organisers of the movement have begun setting up national, zonal and State structures, suggesting early groundwork for a broader political alliance.
However, the ADC is currently grappling with internal divisions that could affect its participation in the elections. The party is facing a leadership crisis, with competing factions contesting control of its structure.
The dispute is now before the Supreme Court of Nigeria, which has reserved judgment in an appeal arising from the leadership tussle.
The uncertainty comes as the Independent National Electoral Commission (INEC) maintains its timetable for the 2027 polls, setting May 30, 2026, as the deadline for political parties to submit membership registers and nominate candidates.
Opposition parties, including factions of the Peoples’ Democratic Party (PDP) and the New Nigeria Peoples Party (NNPP), have called for an extension of the timeline, arguing that the schedule is too tight given ongoing internal restructuring and legal disputes.
The NDC’s offer highlights the shifting dynamics within Nigeria’s opposition landscape, where alliances remain fluid and negotiations are ongoing.
Both Obi and Kwankwaso are influential political figures with significant regional support bases, and any alignment between them could reshape the balance of power ahead of the elections.
INEC has yet to indicate whether it will adjust its timetable, as preparations for the 2027 general elections continue to gather momentum.
Former Vice President Atiku Abubakar has expressed concern over reports that the Senate is considering the suspension of political campaigns in eight Northern states under the pretext of rising insecurity.
Atiku, in a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, described the development as deeply troubling and fraught with dangerous implications for Nigeria’s democracy.
He noted that while insecurity remains a serious national challenge that must be confronted decisively, it must never become a convenient justification for undermining constitutional rights or selectively restricting democratic participation.
“Let it be clearly stated: the right to vote and participate in the electoral process is fundamental and cannot be abridged under any guise. Any attempt—whether deliberate or disguised—to suppress political activities in parts of Northern Nigeria raises legitimate concerns about disenfranchisement,” Atiku said.
The Waziri Adamawa recalled that credible intelligence had earlier pointed to possible plans to weaken electoral participation in key Northern states, warning that recent developments appear to be lending credence to those fears.
“This is not merely about campaigns; it is about representation, inclusion, and the integrity of our democratic process. You cannot cure insecurity by silencing the voices of the people. Democracy must not become a casualty of government failure,” he added.
The former Vice President stressed that the people of Northern Nigeria, like all Nigerians, deserve both security and full participation in the democratic process — not one at the expense of the other.
He added that it is the responsibility of government to provide security for its citizens, while it remains the duty of citizens to freely exercise their civic rights without fear, intimidation, or unlawful restriction.
“At a time when citizens are already battling hardship and insecurity, the least the government can do is to guarantee their right to be heard — not to restrict it. Any policy that creates the impression of targeted exclusion will only deepen distrust and national division,” he warned.
He called on the Independent National Electoral Commission, security agencies, and the administration of Bola Ahmed Tinubu to immediately clarify their position and reassure Nigerians that no region will be denied its constitutional rights.
“Nigeria must never descend into a situation where elections are shaped by exclusion, fear, or administrative manipulation. The consequences of such actions are far-reaching and better imagined than experienced,” Atiku cautioned.
He urged all stakeholders to uphold the principles of fairness, equity, and national unity, emphasising that democracy must remain inclusive, transparent, and credible across every part of the country.
Political leaders from the opposition have resolved to present a united front in the 2027 general elections, agreeing to field a single presidential candidate to challenge President Bola Tinubu of the ruling All Progressives Congress (APC).
The decision was one of the major highlights of a National Summit of Opposition Political Leaders held on Saturday in Ibadan, Oyo State, where participants gathered to fashion the way out of the current challenges facing the country.
They also warned that Nigeria’s democracy is under increasing strain and requires urgent collective action to safeguard it.
The summit, themed “Safeguarding Nigeria’s Democracy: A National Dialogue,” brought together key opposition figures across party lines, culminating in the adoption of a joint communiqué known as the Ibadan Declaration.
Leaders at the event said the decision to rally behind a single candidate was driven by the need to avoid fragmentation of votes and strengthen the opposition’s chances at the polls.
Host governor, Seyi Makinde, in his welcome address, warned of a steady erosion of democratic competition, noting that the concentration of political power under one party threatens pluralism.
He took a trip down memory lane, reminding the ruling party that the ‘wet e’ era in Ibadan, which he said must not be allowed to repeat itself.
“Democracy without opposition is not democracy, it is a slow drift toward a one-party state,” he said.
Factional National Chairman of the Peoples’ Democratic Party (PDP), Taminu Turaki, described the move as both strategic and necessary, warning that disunity has historically weakened opposition efforts.
“A single stick can be broken easily, but a bundle of sticks is far more difficult to break,” he said, urging political actors to prioritise national interest over individual ambition.
Turaki maintained that Nigeria is currently experiencing what he termed “progressive regression,” citing worsening insecurity, economic challenges, and declining confidence in democratic institutions.
“This is not a moment for silence or division; it is a moment for decisive action,” he said.
Similarly, former Senate President David Mark described the moment as a “national rescue mission,” stressing that no single opposition party could confront the current political structure alone.
“We cannot confront the future as fragmented entities. This is the time to rewrite the story of coalition building in Nigeria,” Mark said.
In the communiqué issued at the end of the summit, opposition parties reaffirmed their commitment to contest the 2027 elections at all levels, rejecting what they described as attempts to impose a one-party state.
They also resolved to resist any move to make the election a one-candidate race, insisting that Nigerians must be presented with credible alternatives.
Beyond the consensus candidacy plan, the declaration raised concerns over the credibility of the electoral process.
They passed a vote of no confidence in the Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan.
The opposition leaders alleged bias and called for his removal from overseeing the 2027 elections.
Leaders at the event said the decision to rally behind a single candidate was driven by the need to avoid fragmentation of votes and strengthen the opposition’s chances at the polls.
The summit further urged the National Assembly to review contentious provisions of the Electoral Act 2026, and demanded an extension of deadlines for party primaries to the end of July 2026.
Participants also called for the release of political actors allegedly detained on bailable offences, stressing the need for inclusivity and respect for fundamental rights.
Speakers at the summit, in their separate remarks, repeatedly stressed that Nigeria stands at a critical juncture, urging leaders to act decisively to preserve democratic institutions.
The summit ended with the declaration of a shared commitment among opposition parties to deepen collaboration, rebuild public trust, and present a united challenge in 2027.
The Ibadan meeting attracted several prominent political figures from different political parties, including the PDP and the African Democratic Congress (ADC).
Among them were former Vice President Atiku Abubakar, Labour Party 2023 presidential candidate Peter Obi, former Kano State governor Rabiu Kwankwaso, former Osun State governor Rauf Aregbesola, former Rivers State governor Rotimi Amaechi, political economist Pat Utomi, and elder statesman Jerry Gana, among other notable political leaders.
